The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Canadian Imperial Bank Of Commerce’s current trading price is -18.38% away from its 52-week high, while its distance from the 52-week low is 18.39%. The stock’s price range for this period has been between $46.50 and $67.45 The company’s shares, which are part of the Financial sector, had a trading volume of approximately 2.66 million for the day, a number notably higher than the average daily volume of 0.98 million over the last three months.
Canadian Imperial Bank Of Commerce experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $67.45 on 12/11/24, while the lowest price for the same period was registered at $46.50 on 05/01/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Canadian Imperial Bank Of Commerce (CM) has experienced a quarterly decline of -16.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 51.75B and boasts a workforce of 48525 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 62.78, with a change in price of -7.42. Similarly, Canadian Imperial Bank Of Commerce recorded 949,150 in trading volume during the last 100 days, posting a change of -11.88%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CM stands at 3.51. Similarly, the long-term debt-to-equity ratio is also 1.08.
CM Stock Stochastic Average
Canadian Imperial Bank Of Commerce’s raw stochastic average for the past 50 days is presently 5.66%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 7.40%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 12.30% and 11.60%, respectively.
CM Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -12.94% this year. Over the last six months, there has been a stronger performance of -8.71%. The price of CM leaped by -10.43% during the last 30 days period. For the last 5-days stocks have slided -3.08%.
